China’s Midea completes takeover bid for German robot maker

Robots in the Kuka stand pour a beer into a glass at the Hannover Messe industrial trade fair in Hanover, Germany, on April 23, 2016.[Photo/Agencies] GUANGZHOU – Chinese home appliance maker Midea Group announced Friday it has secured approval for its bid to take over German robotics firm Kuka and will complete the deal in early…